baht baht  /ˈbɑt/

Definition(s):

  • (n) the basic unit of money in Thailand

Usage(s):

  1. She taps out the figure in baht on a calculator and holds it up: 43,650.
  2. Local custom is to round the fare up to the nearest five baht.
  3. And, of course, there's that million-baht he promised to nearly 80,000 villages.

News

  1. EM ASIA FX-Rupiah off lows on surprise rate hike; baht rebounds

    * Indonesia c.bank hikes benchmark rate 25 bps to 6 pct * One-month dollar/rupiah NDFs rebound * Thai c.bank sold dlrs to support baht last week - gov (Adds text, updates prices) By Jongwoo Cheon SINGAPORE, ...
    on June 13, 2013     Source: Reuters via Yahoo! Finance

  2. Baht Weakens, Bonds Drop as Funds Cut Holdings on Growth Outlook

    Thailand’s baht traded 0.4 percent off a nine-month low and government bonds dropped as overseas investors reduced holdings of the nation’s assets amid a worsening global economic outlook.
    on June 13, 2013     Source: Bloomberg

  3. Baht Falls to Nine-Month Low as Global Funds Trim Asset Holdings

    Thailand’s baht weakened beyond 31 per dollar for the first time since September as international investors cut holdings of the nation’s assets amid speculation the Federal Reserve will trim its monetary stimulus.
    on June 12, 2013     Source: Bloomberg

Quotes

  1. "This will prevent the flow of US dollars into bond market," Pridiyathorn said. "It will reduce the total amount of capital inflow and reduce pressure on the Thai baht."
    on Dec 19, 2006 By: Pridiyathorn Devakula Source: BusinessWeek

  2. "The AEC tracked the money trail and found that more than 20 billion baht (£310m) was shifted to the accounts of companies instead of to individual accounts. AEC is set to freeze those accounts," auditor general Jaruvan Maintaka told reporters.
    on Jun 20, 2007 By: Jaruvan Maintaka Source: guardian.co.uk

  3. "The marked escalation in violence now further threatens the business climate, tourist receipts, capital flows, the stock market and the baht," JPMorgan Chase said in a research note.
    on Oct 7, 2008 By: JP Morgan Source: Swissinfo

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